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Title:               High-Propensity Business Applications for Connecticut (DISCONTINUED)
Series ID:           HPBUSAPPNSACT
Source:              U.S. Census Bureau
Release:             Business Formation Statistics
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Quarterly
Units:               Number
Date Range:          2004-07-01 to 2020-10-01
Last Updated:        2021-01-14 11:03 AM CST
Notes:               The Business Formation Statistics are now released on a monthly basis,
                     and the quarterly series will no longer be updated. See
                     BAHBATOTALNSACT (https://fred.stlouisfed.org/series/BAHBATOTALNSACT)
                     for an alternative.
                     
                     Business Applications (BA) that have a high propensity of turning into
                     businesses with payroll. The identification of high-propensity
                     applications is based on the characteristics of applications revealed
                     on the IRS Form SS-4 that are associated with a high rate of business
                     formation. High-propensity applications include applications: (a) for
                     a corporate entity, (b) that indicate they are hiring employees,
                     purchasing a business or changing organizational type, (c) that
                     provide a first wages-paid date (planned wages); or (d) that have a
                     NAICS industry code in manufacturing (31-33), retail stores (44),
                     health care (62), or restaurants/food service (72).

DATE        VALUE
2004-07-01   2764
2004-10-01   2650
2005-01-01   3287
2005-04-01   3231
2005-07-01   2909
2005-10-01   2920
2006-01-01   3506
2006-04-01   3508
2006-07-01   2958
2006-10-01   2990
2007-01-01   3418
2007-04-01   3439
2007-07-01   2917
2007-10-01   2701
2008-01-01   2885
2008-04-01   2700
2008-07-01   2434
2008-10-01   2431
2009-01-01   2559
2009-04-01   2447
2009-07-01   2158
2009-10-01   2156
2010-01-01   2614
2010-04-01   2518
2010-07-01   2215
2010-10-01   2321
2011-01-01   2645
2011-04-01   2489
2011-07-01   2191
2011-10-01   2257
2012-01-01   2659
2012-04-01   2596
2012-07-01   2217
2012-10-01   2237
2013-01-01   2565
2013-04-01   2523
2013-07-01   2093
2013-10-01   2172
2014-01-01   2599
2014-04-01   2462
2014-07-01   2186
2014-10-01   2204
2015-01-01   2686
2015-04-01   2526
2015-07-01   2194
2015-10-01   1960
2016-01-01   2605
2016-04-01   2311
2016-07-01   2313
2016-10-01   2116
2017-01-01   2691
2017-04-01   2436
2017-07-01   2250
2017-10-01   2118
2018-01-01   2928
2018-04-01   2612
2018-07-01   2265
2018-10-01   2235
2019-01-01   2868
2019-04-01   2716
2019-07-01   2271
2019-10-01   2341
2020-01-01   2602
2020-04-01   2257
2020-07-01   3450
2020-10-01   2453